Assessee JIVRAJ U.JAIN HUF, MUMBAI ITO 15(1)(1), MUMBAI

Last updated: 10 December 2020
Quick Summary
This case involves appeals by two HUFs, Jivraj U. Jain HUF and Mahendra Jivraj Jain HUF, concerning additions made for bogus capital gains for the 2009-10 assessment year. Both assessees have opted to resolve their disputes under the Vivad Se Vishwas Scheme, having filed the necessary forms. The Tribunal noted a similar situation addressed by the Madras High Court concerning the same scheme.

Court :
ITAT Mumbai

Brief :
These appeals by two assessees belonging to the same group are directed against respective orders of learned CIT(A)-26, Mumbai [in short ‘the CIT(A)] dated for Assessment Year 2009-10.

Citation :
ITA No. 363/MUM/2015

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